We Study Billionaires - The Investor’s Podcast Network BTC118: Deep Dive Aftermath of SBF and the FTX Disaster w/ Mark Goodwin (Bitcoin Podcast)
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Feb 22, 2023 In this engaging discussion, guest Mark Goodwin, Editorial Director for Bitcoin Magazine, unpacks the FTX disaster's complexities and its impact on the cryptocurrency landscape. He dives into Sam Bankman-Fried's political donations and the broader implications of effective altruism in finance. Mark also shares intriguing insights about the mysterious 80,394 Bitcoin tied to the Luna Foundation and the role of independent media in uncovering fraud. Additionally, he reflects on the evolving dynamics of the digital dollar and Bitcoin's place in the financial future.
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Bitcoin Magazine Cover
- Mark Goodwin discusses the Bitcoin Magazine cover featuring Sam Bankman-Fried (SBF).
- The cover satirizes SBF and the media's portrayal of him.
SBF's Early Profits
- SBF exploited the "kimchi premium" arbitrage in South Korea.
- This involved profiting from Bitcoin price differences between regions.
SBF's Use of Celebrity Endorsements
- SBF used endorsements from figures like Tom Brady and Bill Clinton.
- This created a sense of legitimacy and social proof for FTX.
